Articles in this issue include:

• CRAB Bites - Bad Boy Guaranties
• CR&B Alert Case Update - Seventh Circuit Upholds Lenders' Credit Bidding Rights in River Road Decision
• Shareholders Permitted to Retain Ownership Under ‘New Value Exception' to ‘Absolute Priority Rule'
• Split in Courts Continues-Private Stock Purchase Payments Not Protected by Section 546 Safe Harbor
• Drafting Tips for Trademark Licenses: Is Your Trademark Agreement a Trademark License, a Service Agreement-Or Both? The Answer Could Affect the Ability of a Licensee in Bankruptcy to Assign Rights Regarding the Trademark.
• Credit Swap Agreement Ipso Facto Clause Struck
• Subrogation to 'Claims' Entitles Subrogee to Vote on Behalf of Itself and Subrogor
• In a Case of First Impression, Court Holds Severance Pay is 'Earned' in Full on Date of Qualification, Not Pro Rata Throughout Employment
• Director's Motion to Dismiss Breach of Duty of Good Faith Claim Denied
• Parent Company's Motion to Dismiss Claim of Breach of Fiduciary Duty Denied
• Unable to Show 'Indubitable Equivalence' Where Property Appraisals Diverge Significantly
• Counsel's Corner: News From Reed Smith

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